Dubai is getting ready for the Nov. 8–9, 2023, Ripple Swell event. However, why are people looking forward to this event more than before?
Community members and ripple specialists are guessing a great deal. Let’s examine the most significant hypotheses and forecasts.
Potential IPO and Licence Announcement During the Ripple Swell Event
800 Million XRP Held: Ripple’s Market Moves and Their Significance
Rumours of Ripple potentially making an Initial Public Offering (IPO) have been circulating nonstop. Notwithstanding prior legal issues, the meeting seems like it might be fascinating. This is further supported by the latest job posting for the senior shareholder communications manager role.
Ripple’s Game-Changing Moment: How November 8th Could Make History,Ripple’s Game-Changing Moment: How November 8th Could Make History
Additionally, there are rumours that Ripple may be applying for a licence from the Virtual Asset Regulatory Authority (VARA) in the United Arab Emirates. Considering that Ripple just made advances in Dubai and that Henson Orser, CEO of VARA, was in attendance, it’s probable that a formal announcement will be made.
CBDC and the SEC Settlement
Globally, central banks are concentrating more and more on digital currencies. In this case, ripple has a major potential impact. It will be intriguing to see what collaborations and insights Ripple makes public at the Swell event.
SHIB’s Mild Correction: Exploring Opportunities on the Horizon
A potential settlement between Ripple and the SEC is another forecast. Maybe there will be some significant announcements made about this as well.
Announcements made during the Ripple Swell event can significantly affect the price of XRP, despite the event not being heavily publicised. XRP is now trading at $0.604355, down 0.31% over the last day.
Ripple’s Game-Changing Moment: How November 8th Could Make History,Ripple’s Game-Changing Moment: How November 8th Could Make History,Ripple’s Game-Changing Moment: How November 8th Could Make History , XRP coin Crypto news, XRP coin News